Corporate governance rating

An opinion of IBI-Rating with respect to the ability of a company to adhere to the generally accepted corporate governance norms inherent in a particular area of business, legislative norms, to determine effectiveness of control and management, to comply with the principles of information disclosure, as well as management activities in the interests of business owners.

The grade of a corporate governance rating is determined in accordance with the Techniques for determining of the corporate governance rating by the Rating scale of corporate governance.

Corporate Governance Ratings determined by IBI-Rating are not a recommendation to enter into or break a contractual relationship with a certain company, to buy or sell securities of a certain company, but are an evaluation of the level of risks inherent in the corporate governance of a certain company.